7月，空调产销分别为1349.8 万台和1467 万台，同比变化分别为-12%和+2%。从销售分布来看，空调出口480.5 万台，内销986.5 万台，同比分别变动+1.2%和+2.3%。企业库存1827.8 万台，同比增长14%。线上线下产品均价继续上扬，变频零售额占比均达到95%以上。1-7月，
空调产量10002.6 万台，同比+10%；销量9982 万台，同比+10%；出口销售4656 万台，同比+14 %；内销5448 万台，同比+10%。

1. 行情回顾 .......................................................................................................................................................................... 5
1.1 行业整体表现 ............................................................................................................................................................. 5
1.2 细分行业市场表现 ..................................................................................................................................................... 5
1.3 资金流向表现 ............................................................................................................................................................. 6
1.4 个股表现 ..................................................................................................................................................................... 6
2. 产销数据 .......................................................................................................................................................................... 7
2.1 空调 ............................................................................................................................................................................. 7
2.2 洗衣机 ........................................................................................................................................................................ 7
2.3 冰箱 ............................................................................................................................................................................. 8
2.4 彩电 ............................................................................................................................................................................. 9
3. 原材料价格走势 ............................................................................................................................................................ 10
4. 行业动态 ........................................................................................................................................................................ 12
5. 投资建议 ........................................................................................................................................................................ 13
6. 风险提示 ........................................................................................................................................................................ 13